Update: Job Creation for Presidential Terms: 1929 - 2021

 This is an update to the original commentary posted in PolitiDose dated 11/5/2010 concerning job creation.  The update takes us through January 2021 when Trump ended his term in office.  The job numbers cut through all the false claims by republicans that democratic administrations are job killers.  In fact the opposite is true and the numbers tell the real story how democratic administrations out perform republican administrations by a wide margin.  The bottom line shows job creation on the democratic watch is robust, while it is weak and anemic on the republican watch.

Herbert Hoover 1929-1933  4 years  Jobs Lost 6.4 million

Franklin Roosevelt  1933-1945  12 years  Jobs created 16.2 million

Roosevelt-Truman 1945-1953 8 years Jobs created  8.2 million

Dwight Eisenhower  1953-1961  8 years  Jobs created 3.5 million 

Kennedy-Johnson  1961-1969  8 years  Jobs created 15.4 million

Nixon-Ford  1969-1977  8 years  Jobs created  11.2 million

Jimmie Carter  1977-1981  4 years  Jobs created  10.3 million

Ronald Reagan  1981-1989  8 years  Jobs created 16.1 million 

George H.W. Bush  1989-1993  4 years  Jobs created  2.5 million

Bill Clinton  1993-2001  8 years  Jobs created  22.7 million

George W. Bush  2001-2008  8 years  Jobs created  1.1 million

Barrack Obama  2009- 2017  8 years  Jobs created   11.5 million

Donald Trump  2017-2021  4 years  Jobs lost  2.7 million

The numbers above show that democratic administrations served 48 years and republicans served 44 years.  Democratic administrations created 84.3 million net new jobs while republican administrations created a total of 25.3 million net new jobs (34.4 million minus 9.1 million lost jobs).  The average yearly jobs created under the democrats was 1,756,250 millions per year while the yearly average under the republicans was 575,000 thousands per year.  The record is clear how democratic administrations did much better by a wide margin than republican administrations and that no democratic administration during that 92 year period lost jobs.

And today, with President Biden in office less than a month the republicans in congress are trying to paint the President's agenda as a jobs killer.  They have no shame after America lost over 2.7 million jobs on their watch the last 4 years and a terrible history of job creation.  The republican ideology and extremism, along with their tax cuts that favor the wealthy and Corporations are the job killers.  And the job creation record of the last three republican Presidents are down right pitiful.  So the next time you hear republicans say democratic administrations are job killers just have a good laugh.  The facts tell the story and the case is closed.

Note:  Job numbers are taken from Wikipedia, U.S. Labor Department reports and other internet sources.  All three come up with different numbers from time to time but are so close do not change the totals to affect the out come of the above report.

This commentary written by Joe Lorio